Best Buy Sales Down, Profit Better Than Expected

Barron's Brendan Conway takes a look at which stocks traders will be watching during market action, including Best Buy, J.C. Penney and Tesla Motors. Photo: Getty

This transcript has been automatically generated and may not be 100% accurate.

... the ... yet you know bit despots Best Buy is up this morning they had wanted to be a difficult holiday season you see bits of seven percent in premarket trading ... it would be difficult but ... am ... sure sure enough sales were down but profits were surprise there will the better than expected so this is one of these cases we are the stocks can be a bit surprising ... and J C Penney of this is a guy who come to such ... not ... been doing great but I'm and may be coming back ... this is really one of those cases where the kind ... of the of the view was so did the expectation for solo ... even a little bit of good news ... will help them ... they're good news is that they turned a modest profit the most recent quarter versus a ... half billion dollar loss previously ... and they also promised to earn more cash ... than the brand novel concept there ... let's let's go to the U S if you actually yes ... and yes and will the new ... menu you tend to select the end of the new fight with tool for map aam Tesla Motors ... Tesla is one of the stocks that traders love to watch it's been going up and up enough in again capping in this morning ... the news is that they're going to deal with the Connie GigaFactory interpret that term ... fact three but the fact that ... that that that what what what this thing is going to be is of a place that builds their batteries and ... very little lot large scale when ... their time for these Wall Street analysts to argue that Tesla's future depends on doing ... very well building those battery job is that it is like that it's an about face your your left with walking ... I ran much Brennan calm white